Navigation Links
Sarnova Acquires Metropolitan Medical to Expand Portfolio of Specialty Health Care Products
Date:11/4/2009

LINCOLNSHIRE, Ill., Nov. 4 /PRNewswire/ -- Sarnova, Inc., the nation's leading specialty distributor of health care products in the emergency medical services (EMS) and respiratory markets, announced today that it has acquired Metropolitan Medical, Inc. Metropolitan Medical is a medical products supplier serving the mid-Atlantic region. Sarnova plans to merge Metropolitan Medical with its Tri-anim Health Services brand, which specializes in respiratory and anesthesia products for the acute care market.

The privately negotiated transaction further expands Sarnova's portfolio of medical products and broadens its national distribution network. The acquisition is the second that Sarnova has completed since partnering with Water Street Healthcare Partners, a leading private equity firm focused exclusively on health care, in 2008 to create the company by merging Tri-anim with Bound Tree Medical.

"Our number one goal is to support our customers in caring for their patients," said Hank Struik, president and CEO of Sarnova. "Metropolitan Medical shares our passion for going above and beyond to serve our customers. Together, we offer our customers the widest array of high-quality medical products and technologies, and a team of highly trained professionals to assist them with selecting products that best meet the unique needs of their patients."

Don Morley, co-owner and president of Metropolitan Medical added, "My partner and I couldn't think of a better company to acquire our business. Tri-anim's reputation and commitment to acute care providers is unmatched in the industry. Its professional and experienced sales force will ensure our customers and vendors receive excellent service."

Since Water Street's investment in Sarnova last year, the company has grown to become the nation's leading specialty health care distributor, offering more than 100,000 products to thousands of emergency medical providers, hospitals and acute care centers across the country.

"Our plan is to further extend Sarnova's leadership position by building on its strong foundation of premier distribution brands," said Kevin Swan, a member of Sarnova's board of directors and a partner with Water Street. "Acquiring Metropolitan Medical accomplishes another building block in our plan to further enhance the breadth of Sarnova's products and expand its national distribution network. We are actively pursuing additional acquisitions that will create greater long-term value for the company, its customers and employees."

About Sarnova, Inc.

Sarnova is the nation's leading specialty distributor of health care products to the emergency medical services (EMS) and respiratory markets. It distributes more than 100,000 health care products to thousands of emergency medical providers, hospitals and surgery centers through distribution centers located across the country. The company is comprised of two major brands: Bound Tree Medical and Tri-anim Health Services. To learn more, please contact Greg Robitaille, 312-506-2974. You can also visit www.tri-anim.com or www.boundtree.com.

About Metropolitan Medical, Inc.

Metropolitan Medical, Inc. is a leading medical products distributor focused on the mid-Atlantic region. Founded in 1971, the company serves more than 500 hospitals in Virginia, Maryland, North Carolina and the Washington, DC market. To learn more about the company, visit www.metropolitanmedical.com.

About Water Street Healthcare Partners

Water Street Healthcare Partners is a leading private equity firm focused exclusively on health care. With more than $1 billion of capital under management, Water Street is one of the most active investors in the health care industry. The firm has a strong record of building market-leading companies across key growth sectors in health care. It has partnered with some of the world's leading health care companies on its investments including: Johnson & Johnson, Medtronic and Smith & Nephew. Water Street's team is comprised of industry executives and private equity professionals with decades of experience investing in and operating global health care businesses. The firm is headquartered in Chicago. For more information about Water Street, visit www.wshp.com.

SOURCE Water Street Healthcare Partners


'/>"/>
SOURCE Water Street Healthcare Partners
Copyright©2009 PR Newswire.
All rights reserved

Related medicine technology :

1. Upstream Biosciences Acquires Innovative Platform Technology and Drug Candidates for Tropical Parasitic Diseases
2. Image Solutions, Inc. Acquires Zurich Biostatistics, Inc.
3. U.S. Preventive Medicine Acquires Specialty Disease Management
4. MacroChem Acquires Rights to Pexiganan, a Novel Topical Anti-Infective for Treatment of Diabetic Foot Infections, From Genaera
5. Nastech Reacquires Teriparatide (Parathyroid Hormone; PTH1-34) Nasal Spray from Procter & Gamble
6. Prescient Medical, Inc. Acquires New Technology to Detect Inflammation in Coronary Blood Vessels
7. Hospira Acquires Worldwide Rights to Biogeneric Version of Filgrastim
8. Hospira Acquires Worldwide Rights to Biogeneric Version of Filgrastim and Manufacturing Facility From PLIVA
9. Wound Management Technologies Acquires Resorbable Orthopedics
10. Bausch & Lomb Acquires the Commercial Assets of Italian Ophthalmic Pharmaceuticals Company Tubilux
11. Kimberly-Clark Acquires Baylis Medical Companys Pain Management Business
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/3/2017)... 2017  Getinge, a leading global provider of ... and cost efficiency within healthcare and life sciences, ... practice demonstrating that intra-aortic balloon counterpulsation (IABC) appears ... patients. The single-center, retrospective, observational study showed that ... ® 50cc intra-aortic balloon (IAB) in contemporary ...
(Date:5/2/2017)... NEW YORK and ... the leading distributor of market intelligence, MarketResearch.com is pleased ... Tech Reimbursement Consulting AB that allows for the ... AB,s proprietary market analyses through the MarketResearch.com website. ... world easy access to complete product descriptions and tables ...
(Date:5/2/2017)... CORALVILLE, Iowa , May 2, 2017 /PRNewswire/ ... innovative, patient-centric radiotherapy solutions, announced today that ... has been with CIVCO since 2012 and has ... line management, senior vice president and general manager, ... manager. "I am extremely proud of ...
Breaking Medicine Technology:
(Date:5/24/2017)... ... May 24, 2017 , ... ... in which the endometrial lining of the uterus spreads into the pelvic ... experiencing painful intercourse, painful periods, pelvic pain, or irregular bleeding may have ...
(Date:5/24/2017)... ... ... Lowe is a sought after actor, and also serves as the host of the ... all aspects of life, and a new segment is being developed on podiatry, which ... is essential to people’s overall well-being, and if viewers have feet problems, they may ...
(Date:5/23/2017)... York City (PRWEB) , ... May 23, 2017 ... ... (EHR), Population Health and Clinical Integration company, announced today that its iClinic ... Medical Home (PCMH) 2017 Prevalidation. NCQA recently introduced PCMH 2017 standards which ...
(Date:5/23/2017)... ... May 23, 2017 , ... New England Journal Of Medicine Confirms Viability of ... Response”, -The Rory Staunton Foundation Calls on Health & Human Services, Tom Price to ... ( http://www.rorystauntonfoundation.org ) today reported on a new study released on May 21, 2017 ...
(Date:5/23/2017)... ... May 23, 2017 , ... By all indications, and due ... County. While officials call for diligence, asking homeowners to scout for any open water ... concerns. Along with the annoying buzz of mosquitos is the buzz associated with potential ...
Breaking Medicine News(10 mins):